Solana: Buy, Hold, or Sell? 🔥
Solana (SOL) is trading around $200, navigating a key resistance near $260. Traders are asking the big question: Buy, Hold, or Sell?
For those looking to buy, dips near $180–$190 could offer strategic entry points. Long-term projections remain bullish, with analysts eyeing $290–$300 in the coming months if support holds and adoption continues to grow.
If you’re already holding, a cautious hold may be wise. SOL is consolidating, and a breakout above $260 could spark fresh momentum, while failure may trigger short-term sideways action.
Short-term traders should consider selling only if SOL drops below $186, which could indicate a bearish shift and potential further declines toward $175–$170.
Whether you’re stacking for the long haul or trading perps, Solana’s current setup demands attention. Watch the levels, manage your risk, and act strategically.